Public Employees Retirement System of Ohio Grows Position in Camden Property Trust $CPT

Public Employees Retirement System of Ohio raised its holdings in Camden Property Trust (NYSE:CPT) by 1.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 189,691 shares of the real estate investment trust’s stock after acquiring an additional 3,155 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Camden Property Trust were worth $21,376,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CPT. Centersquare Investment Management LLC raised its holdings in shares of Camden Property Trust by 3.6% during the 1st quarter. Centersquare Investment Management LLC now owns 2,614,150 shares of the real estate investment trust’s stock valued at $319,711,000 after buying an additional 91,752 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Camden Property Trust by 9.2% during the 1st quarter. Wellington Management Group LLP now owns 2,271,077 shares of the real estate investment trust’s stock valued at $277,753,000 after buying an additional 192,133 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Camden Property Trust by 17.2% during the 1st quarter. JPMorgan Chase & Co. now owns 1,863,792 shares of the real estate investment trust’s stock valued at $227,942,000 after buying an additional 273,966 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Camden Property Trust by 1.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,538,038 shares of the real estate investment trust’s stock valued at $188,102,000 after buying an additional 23,488 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Camden Property Trust by 2.3% during the 1st quarter. Northern Trust Corp now owns 1,452,031 shares of the real estate investment trust’s stock valued at $177,583,000 after buying an additional 31,955 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Price Performance

Shares of CPT stock opened at $106.02 on Friday. The firm has a market cap of $11.33 billion, a P/E ratio of 74.14, a P/E/G ratio of 3.64 and a beta of 0.80. Camden Property Trust has a fifty-two week low of $102.35 and a fifty-two week high of $127.65. The business’s 50 day moving average price is $109.26 and its 200-day moving average price is $113.49. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.01. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The company had revenue of $396.51 million for the quarter, compared to analyst estimates of $393.24 million. During the same period in the previous year, the company posted $1.71 earnings per share. The firm’s revenue was up 2.4% on a year-over-year basis. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. On average, equities research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be given a dividend of $1.05 per share. The ex-dividend date is Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 4.0%. Camden Property Trust’s payout ratio is currently 293.71%.

Analyst Ratings Changes

A number of brokerages have commented on CPT. Royal Bank Of Canada decreased their price target on Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating on the stock in a research note on Monday, August 4th. Stifel Nicolaus raised Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price target on the stock in a research note on Tuesday, August 26th. Barclays decreased their price target on Camden Property Trust from $137.00 to $128.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 12th. UBS Group decreased their price target on Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 15th. Finally, The Goldman Sachs Group lowered Camden Property Trust from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $118.00 to $106.00 in a research report on Wednesday, September 17th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and a consensus target price of $122.25.

Camden Property Trust Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.